Income Taxes (Tables)

12 Months Ended

Dec. 31, 2017

Income Taxes

Schedule of effective income tax rate reconciliation

The reconciliation of the federal statutory income tax rate to our effective income tax rate for the year ended December 31, 2017 is as follows:

U.S. federal statutory rate, beginning of year	35	%
NextDecade LLC pre-merger net loss	(5)
Officers' compensation	(12)
Effect of 2017 Tax Act	(7)
Valuation allowance	(11)
Effective tax rate as reported	—	%

Schedule of components of deferred tax assets and liabilities

Significant components of our deferred tax assets and liabilities at December 31, 2017 are as follows (in thousands):

Deferred tax assets
Net operating loss carryforwards and credits	$	1,694
Share-based compensation expense		2,203
Other		14
Less: valuation allowance		(3,911)
Total deferred tax assets		—
Deferred tax liabilities
Total deferred tax liabilities		—
Net deferred tax assets (liabilities)	$	—